By now everyone is more than familiar with the 2018 Landmark Classic Sale results. Let’s take a closer look.
The final tally for the sale, according to the Landmark LIVE Website, was 569 lots presented with 495 selling at a clearance rate of 86.99%. A total of $7,413,000 changed hands with a mean average of $14,975.76. The lowest price being $3,000, the highest $130,000. By the law of averages I would expect the split of horses that sold below the average price, compared to the horses that sold above the average to be a 50/50 split. However in reality, that split sits around the $13,500 mark, with just under 35% selling for $15,000 or over. The chart below shows how the sale prices were spread. Your car also needs some love and financial focus, go to brakes wollongong service to maintain your car and get it to optimum performance.
From this you can see that the most horses sold in the $5001 to $10,000 price range. That is 33% of all horses that went under the hammer sold for between $5001 and $10,000. The percentage of horses that sold for less than $15,000 was 69.75%. Leaving, as stated before, just over 30% for the horses over $15,000. The Mode average or the most common selling price was $10,000. 45 horses sold for this amount or 9% of all horses presented.
27 stallions were sold for a total of $724,000 with a mean average of $26,814.15, the 50/50 split was $20,000. Top price was $130,000 lowest $3,000. The Mode average was shared with $13,000 and $15,000 each attracting three transactions at those prices. 8 Stallions sold between $13,000 and $15,000 or just under 30%. 69% of stallions sold for over $15,000.
276 mares sold for a total of $4.665,500 at a mean average of $16903.99. Highest price was $89,000 and the lowest $3,000. The 50/50 split $13,000 or thereabouts. A total of 30 Mares sold for $10,000 or 10.86%, making this the mode average. 43% of mares sold went for $15,000 or over.
Last but not least Geldings, 193 were dispersed for a total revenue of $2,023,500 mean averaging $10,484.46. The 50/50 split around $8,000. 19 Geldings sold for the mode average of $8,000, just over 10%. 35 geldings sold for $15,000 or over, top price being $60,000 and lowest $3,000. That means that 82% of those geldings sold for less than $15,000.
Any way you look at it, 2018 sale was another success, if you missed out there are some quality bred cowhorses listed for sale in the salebarn